Before you start the process to file your tax return for the year, make sure you keep these documents handy to make the process less cumbersome and hassle-free
Special Judge Vikas Dhull had directed Shivakumar to appear on July 1, taking cognisance of a charge sheet filed by the ED through its Special Public...
You must have received your Form 16 from your employer if you are a salaried employee. Here are the basic details and how to go about filing your income tax...
As people tend to miss out on their tax filing date, the I-T department has reminded people to file their returns within the due date.
The Central Board of Direct Taxes (CBDT) also said that the payer/deductor need not check the taxability of the sum in the hands of the recipient, and the...
The Income Tax Department has come out with popular snakes and ladders board games and Motu-Patlu comic strip to spread tax literacy among children and young...
Under Income Tax laws, income earned on the gifts made by a spouse is required to be clubbed with the income of the spouse giving the gift
If you are selling a house in India as an NRI, know the rules regarding the taxes on the capital gains and TDS. You can also make use of the available...
The Central Board of Direct Taxes (CBDT) has issued a circular regarding this under sections 206AB and 206CCA of the Income Tax Act, 1961
With Series III of Sovereign Gold Bond 2016-17’s interest payment date being May 17, it’s time to consider redemption from the point of view of taxation .
If you have earned long-term capital gain on the sale of a residential house, then you need to utilise it towards the construction of another house within a...
What should you do if you fail to file or correctly file your income tax return? Should you go for reopening your assessment or file an updated tax return?...
If you’re looking to get a joint home loan with your spouse, there are several pros and cons to it. Read here in detail
Are you unsure about whether you should file an income tax return (ITR) in India? Read on to know more
To encourage savings and investment among taxpayers, the Income Tax department has introduced several deductions under Chapter VI A. 80C is the most popular...
The RBI’s sovereign gold bond buyback window dates have been announced. Mark these dates in your calendar in case you wish to redeem these bonds before...
For financial year 2022-23, an early start in tax planning will help make the right decisions. Here’s a simple 2-step approach along with easy-to-understand...
The year 2021-22 marks the highest tax-GDP ratio of 11.7 per cent, with direct tax to GDP ratio at 6.1 per cent and indirect tax to GDP ratio at 5.6 per cent
The Income Tax Department is also investigating the National Stock Exchange co-location case.
Once a KYC is fully validated by a KRA, the investor will get a unique KRA number which will be valid across intermediary platforms
The Income Tax returns forms 1-5 have been notified by the Central Board of Direct Taxes
The Income Tax Department has found alleged illegal business expenses of over Rs 800 crore, Rs 60 crore "unaccounted" cash used to purchase land in Delhi and...
Till March 31, 2022, you can link PAN and Aadhaar for free. From April 1, a penalty will apply although your PAN will not be blocked if you do not link it with...
The Income Tax Department had carried out a search and seizure operation on March 23 on Hero Motocorp and its chairman and managing director Pawan Munjal at...
Zanmai Labs (WAZIRX), Coin DCX, CoinSwitch Kuber, Buy Ucoin, UnoCoin and Flitpay were among the exchanges that were involved in GST evasion cases
